revenue bond

noun

Definition of revenue bond

: a bond issued by a public agency authorized to build, acquire, or improve a revenue-producing property (such as a toll road) and payable out of revenue derived from such property

Examples of revenue bond in a Sentence

Recent Examples on the Web The project was funded through a variety of fees, including passenger and car rental fees and general airport revenue bond proceeds. Sarah Freishtat, chicagotribune.com, 18 Apr. 2022 The municipality is already requesting $600 million from the Legislature and approved a $165 million revenue bond earlier this month, according to Young. Zaz Hollander, Anchorage Daily News, 30 Jan. 2022 The project is funded through a variety of fees, including passenger and car rental fees and general airport revenue bond proceeds. Sarah Freishtat, chicagotribune.com, 2 Nov. 2021 The state has not passed a tuition revenue bond package funding higher education construction since 2015. Kate Mcgee, San Antonio Express-News, 18 May 2021 Before 2015, the state hadn’t passed a tuition revenue bond bill since 2006. Kate Mcgee, San Antonio Express-News, 18 May 2021 With a lone stream of cash reserved to pay off revenue bond debt, investors see revenue bonds as riskier. Diego Mendoza-moyers, ExpressNews.com, 13 Jan. 2021 The university’s most recent financial statement, for the 2018-19 fiscal year, states the university in that year paid about $14.5 million in principal and interest in debt service for five athletic facilities revenue bond issues. Jaime Adame, Arkansas Online, 8 Sep. 2020 Funding would come from a revenue bond that would be repaid over time through school energy bill savings, according to the coalition. Danielle Echeverria, SFChronicle.com, 18 Aug. 2020 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'revenue bond.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of revenue bond

1856, in the meaning defined above

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Time Traveler for revenue bond

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The first known use of revenue bond was in 1856

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Dictionary Entries Near revenue bond

revenue act

revenue bond

revenue cutter

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Statistics for revenue bond

Last Updated

20 Apr 2022

Cite this Entry

“Revenue bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/revenue%20bond. Accessed 28 May. 2022.

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More Definitions for revenue bond

revenue bond

Legal Definition of revenue bond

— see bond sense 2

More from Merriam-Webster on revenue bond

Britannica.com: Encyclopedia article about revenue bond

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